Goenka Diamond and Jewels Share price

Our Company was incorporated on November 5 1990 as "Goenka Exports Private Limited" a private limitedcompany under the Companies Act. With effect from July 1 1997 our Company became a "deemed publiccompany" by virtue of section 43(A) of the Companies Act and ceased to be a private company.Subsequently by a shareholders resolution dated January 29 2002 our Company became a public companyand a fresh certificate of incorporation in the name of "Goenka Exports Limited" was issued by the Registrarof Companies Rajasthan situated at Jaipur (the "RoC") on January 30 2002. The name of our Company waschanged to "Goenka Exports Private Limited" following a special resolution in the extraordinary generalmeeting held on November 29 2004 and a fresh certificate of incorporation was issued by the RoC onDecember 10 2004. Our Company changed its name to "Goenka Diamond and Jewels Private Limited"pursuant to a special resolution at the extraordinary general meeting held on March 21 2008. A freshcertificate of incorporation was issued by the RoC on March 27 2008. By a resolution dated April 15 2008our Company was converted into a public limited company and its name was changed to its present name"Goenka Diamond and Jewels Limited". A fresh certificate of incorporation was issued by RoC on May 152008 consequent to change of name on conversion to public limited company.Our Company is promoted by Mr. Nand Lal Goenka who has over 40 years of experience in the gems andjewellery business and his sons Mr. Navneet Goenka and Mr. Nitin Goenka.Our Company is in the business of cutting and polishing of diamonds and manufacturing and retailing ofdiamond jewellery. We were initially in the business of export of coloured stones and have since thenexpanded into diamond trade in 1994 and manufacturing of diamond studded jewellery in 2003. Ourmanufacturing activity was boosted in 2006 after we established our own diamond processing unit at SEZ inSurat for processing of rough diamonds. In 2007 we also set up a facility for processing of rough diamondsin Mumbai to cater to the local market and for manufacturing diamond jewellery. We scaled up our diamondjewellery operations by establishing a dedicated manufacturing facility in Mumbai and launched our firstjewellery retail store in July 2008.For details with respect to description of activities services products market of each segment the growth ofthe Company exports and profits due to foreign operations together with the country wise analysis thestanding of the Company with reference to prominent competitors with reference to its productsmanagement major suppliers and customers segment refer section titled "Our Business" on page 66.Changes in the Registered OfficeSince incorporation our registered office has been situated at 401 Panchratana Moti Singhbhomiyon KaRasta Johari Bazar Jaipur- 302003 Rajasthan India.Major Events and MilestonesCalendar Year Events1994 Corporate office established in Mumbai2002 Entered into diamond cutting and polishing business2003 Commenced manufacturing of diamond studded jewellery2006 A state of art factory for cutting and processing diamonds was started in a Special Economic Zone unit at Sachin Surat2007 Commenced jewellery manufacturing and diamond cutting and production unit at Goregaon Mumbai "Two Star Export House" accreditation awarded by the Ministry of Commerce2008 Acquired M. B. Diamonds LLC ISO 9001:2000 certification Launched "G WILD" and "CERES" jewellery brands Set up exclusive G WILD retail stores2009 Set up exclusive CERES retail store